Pre-Series A financing of $2.30 million was secured by InstaAstro, an online astrology platform provider located in Mumbai, India.
Investors
- Aloke Bajpai, MD & CEO of Ixigo
- LogX Ventures
- Singularity Ventures
- IR Capital Partners
Use of funds
The firm plans to utilize the money to start Daily Pooja, Reiki healing services, and a new spiritual e-commerce site.
About InstaAstro
Under the direction of CEO and Founder Nitin Verma, InstaAstro provides individualized astrological consultations, spiritual e-commerce, and therapeutic services with the goal of supplying people with the knowledge and direction they need to lead happy, meaningful lives. In addition, InstaAstro provides numerology, tarot readings, and horoscopes in Hindi, English, and a number of other regional languages. With over 50 lakh users, the company’s platform has given its subscribers over 2 crore minutes of cumulative consultation time in FY24. On its platform, there are 1500 astrologers.
